Kalshi, a prediction market platform, is offering a promotional code, NYPMAX, for new users to engage with sports contracts, including the upcoming NFL preseason game between the Detroit Lions and the Cincinnati Bengals.
The promotion allows new traders to make a $25 trade on sports contracts and, upon meeting qualifying conditions, receive up to $500 in bonuses. To be eligible, users must sign up using the promo code NYPMAX, verify their account, and complete at least $25 in trades. The offer is subject to Kalshi's terms and conditions, with eligibility and restrictions applying. The promotion is available in specific states and territories, with Kalshi products not available in Arizona, Illinois, Massachusetts, Maryland, Michigan, Montana, Nevada, Ohio, and Washington.
The Lions and Bengals are set to play their preseason opener at Paycor Stadium. Cincinnati is currently favored by 6.5 points. While the Lions plan to keep most of their starters, including quarterback Jared Goff, on the sidelines, the Bengals intend to give key players such as Joe Burrow and Ja'Marr Chase some playing time early in the game. This decision by Bengals coach Zac Taylor, whose teams have a recent preseason record of 4-14-1, could influence the game's dynamics. The New York Post handicapper Sean Treppedi suggests that thunderstorms expected around the game time, combined with inexperienced offenses in the second half, could lead to a low-scoring game, making a case for betting the under at 38.5 points.
Kalshi has become a prominent platform for sports fans to trade contracts based on sports outcomes. The company operates in numerous states, including Alabama, California, Florida, New York, and Texas, among others listed in its promotional materials. The offer is valid for new users aged 18 and older, with specific terms and conditions detailed on the Kalshi website. Event contract trading carries significant risk and may not be suitable for all individuals, requiring careful consideration of personal financial circumstances.